Brian Brown, Loan Officer

Good news for Atlanta!

Housing Inventory is low in the metro Atlanta area driving up prices and creating bidding wars. Interest rates have improved the past couple of days due to some dismal growth in the economy. You might want to call now to get pre-qualified if you know you will be moving soon. Especially if you are looking to get into a certain school district by next school season.

Mortgages aren't one size fits all.....

Check out this beautiful new listing in Kennesaw, GA

When searching for a loan officer to work with, you need an expert. You need someone who will offer you expert advice, exceptional service, and an excellent price. Think just going to an internet lender will be "good enough"? Ask your real estate agent! You need someone who is local and personally vested in you and your families situation - your home purchase isn't a transaction, it's the beginning of a financial relationship with me.

Great article about why anyone not owning a home should really start saving or planning to buy a home!

Yes its officially a seller's market in some areas as I can tell you first hand. With Sellers getting multiple offers and buyers getting frustrated about finding a home, there are some strategies that can help both the buyer and seller when dealing with this and this article is a good read for that. Anyway, it is great to see such activity in the area an I hope it continues as Real Estate is the main ingredient for a continued recovery for our economy.

Did you know that FHA loans are assumable? Now in comparison to the 1970's where you didn't have to qualify to assume the loan, today's FHA loans can be assumed but one does have to qualify. I think this will be a good option to sell your house on assumption when rates for FHA loans are no longer in the 3's but maybe somewhere in the 6.5% or higher range. Also, FHA loans have a couple more advantages of conventional loans. The two biggest are lower credit scores and easier underwriting guidelines. Anyway, this is a great option for those coming back into the market.

If you’re buying or refinancing a home, below are questions you should really think about but yet not many mortgage consultants talk about: a) How much are you qualified for? Do you know how an underwriter calculates bonus and commission income? b) Are there any errors on your credit report and how will those impact your ability to get a loan? c) Do you have any open disputes? Are you sure?... d) Do you know that 2 points on your credit score can cost you thousands of dollars in closing costs? What can you do to raise your credit score? e) How will the anti-money laundering implementation impact documents that you will need to provide. f) What are the 6 critical dates you should be aware of on a real estate contract? g) Did you know if you miss just one of these critical dates you could lose your earnest money.....or lose the entire contract and your earnest money? h) Do you know how low or no closing costs loan really work? Get answers to these questions and more from one of the top loan originators in Georgia. Call Brian Brown at 678.644.9912